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Prospect Capital (PSEC) opens a new line for its investments: Real estate. The company puts...

Prospect Capital (PSEC) opens a new line for its investments: Real estate. The company puts about $50M into APH Property Holdings which has invested in 3 properties - 2 multi-family, 1 industrial. For perspective, Prospect closed on more than $2.25B in deals in 2012. (PR)
Comments (3)
  • stevekrakau
    , contributor
    Comment (1) | Send Message
     
    Value investors like myself feel isPSEC is way too high. Am hoping
    dont have to wait for correction to buy at less than $20.
    18 Jan 2013, 10:39 AM Reply Like
  • rmdonovan
    , contributor
    Comments (57) | Send Message
     
    You can buy PSEC now for approx $11.30 with a 11.7% yield

     

    I'm long PSEC

     

    RMD
    18 Jan 2013, 01:42 PM Reply Like
  • blhoke
    , contributor
    Comments (22) | Send Message
     
    Last trade was $11.27. Not sure where your $20.00 comes from??
    18 Jan 2013, 05:57 PM Reply Like
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